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Bitcoin is an experimental digital currency that allows instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority. Money transfers and the minting of new coins are carried out collectively by the network. The open source software that enables Bitcoin is released under the MIT license.
Click here for a concise explanation of how it works or here for a detailed technical description.
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FBI links Lazarus Group to Harmony’s $100M bridge attack
26 Jan 2023 22:00 The FBI investigated the attacks for over six months with help from the National Cryptocurrency Enforcement Team, the U.S. Attorney’s Offices of California, and the District of Columbia. [...]
Mango Markets sues Avraham Eisenberg for $47 million in damages The filing by Mango Labs accuses Eisenberg of a “brazen attack” involving conversion, fraudulent misrepresentation and unjust enrichment and seeks $47 million in damages, plus interest. [...]
IPv6 Forum President Latif Ladid bares new blockchain project centered on food supply chain Latif Ladid talks to CoinGeek Backstage about a project close to his heart—food supply chain—and how blockchain could be a key to improving the sector and aiding countries in tackling food scarcity. [...]
Bitzlato received €1B from criminals, with $346M flowing to Binance: Europol Europol worked with the U.S., Spain, Portugal, and others to crack down on Bitzlato even as Reuters revealed that Binance processed over $346 million for the exchange. [...]
NBA Extends Partnership With Meta to Bring Basketball Games to the Metaverse
After Mocking the Price Model, Crypto Advocates Discuss Bitcoin’s Rainbow Chart Reintegration
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"The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer
it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless."
Satoshi Nakamoto |
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